minimum wage

Government left to decide on minimum wage

Lithuania's Tripartite Council , uniting the government, employers and trade unions, on Tuesday failed to reach agreement on how much to raise the minimum...

Tautvydas Marčiulaitis: We are living better than ever before

We have just celebrated the 101st birthday of Lithuania and it seems that this occasion is becoming more meaningful and beautiful with every passing year....

Luminor economists forecast Lithuania’s economy to slow down in 2019, however the year will be good for reforms

Luminor economists forecast economy to grow at 2.7% next year in Lithuania, as external economic environment is expected to deteriorate. The GDP growth will...

Newest Bank of Lithuania forecasts: what awaits in 2019

After evaluating world and the country’s economic trends, the bank of Lithuania is lowering this year’s economic growth forecast from 3.4% to 3.2%. Next...

Ministry proposes to raise Lithuania's minimum wage to EUR 430

The Lithuanian Social Security and Labor Ministry proposes to raise the minimum monthly wage by 30 euros to 430 euros next January, but the actual amount...